💨 Abstract

Senate Republicans adjusted their tax bill to prevent states from regulating AI for a decade, threatening to cut federal funding for broadband projects in states that do regulate AI. This move aims to comply with budgetary rules for passing the bill with a simple majority. It has sparked controversy among state lawmakers and digital safety advocates but is supported by some AI executives. The bill also includes changes to commercial spectrum auctions and aims to extend 2017 tax cuts while slashing social programs.

Courtesy: WTOP Staff